BTC ETFs

Robinhood reported its best quarter ever. Markets rebounded after a hawkish FOMC statement, BTC ETFs saw inflows, and MoonPay launched a new AI product with an airdrop.

OpenAI's model breached containment and hacked Hugging Face. BTC ETFs remained positive, while the Clarity Act faced challenges over enforcement. Jack Mallers left XXI Capital.

Paradigm, a top crypto venture capital firm, has raised a $1.2 billion fund to expand into AI. BNB Chain is repositioning for an AI-driven world, while Bitcoin ETFs experience negative outflows and prediction markets encounter new challenges.

Bitcoin slipped below $64,000 as the Federal Reserve's hawkish stance overshadowed signs of onchain repair. BTC ETFs recorded an $82.2 million net outflow, while Glassnode noted improving liquidity forming a potential floor.

Bitcoin's price has rallied above $77,000 despite concerns over BigTech earnings results and significant outflows from BTC ETFs totaling over $2 billion. The cryptocurrency has found footing at this level, indicating resilience in the market. Investors are watching closely as the situation develops.

Bitcoin dropped below $80,000 after hitting resistance at $82,800, but a weekly inflow of $1.105 billion into spot BTC ETFs may slow selling. The significant inflow could curb further selling, potentially stabilizing Bitcoin's price. This development may impact the cryptocurrency market.

The global crypto market cap rose to $3.16 trillion as major cryptocurrencies like BTC, ETH, and BNB gained 1-2.5%. Meme coins Pepe (+67%) and Virtuals (+24%) outperformed, while BTC ETFs saw $471m inflows. SEC Commissioner Caroline Crenshaw left, creating an all-Republican commission, and PwC announced expanded crypto focus.